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Uemoa: 9.4% increase in the volume of transactions in October 2024 on the interbank market

07/01/2025
Source : ORISHAS FINANCE
Categories: Sectors

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The BCEAO analyzed the situation of the UEMOA interbank market in its “Monthly Bulletin of Statistics” in November 2024. It is noted that the average weekly trading volume increased by 9.4%

.

Exchanges increased during the month of October on the UEMOA interbank market. The Monthly Bulletin of Statistics mentions that “all maturities combined, the average weekly volume of transactions amounted to 966.6 billion in November 2024 against 883.8 billion in October 2024, an increase of 9.4%

.

The average interest rate, calculated on the compartment at one week, increased by 1 basis point, from 6.18% in October 2024 to 6.19% in October 2024 to 6.19% during the period under review.” During the month of November 2024, the business climate indicator remained above its long-term trend, standing at 100.8, which reflects the continued confidence of business leaders in the favorable direction of

activities.
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